First National Corp. (FXNC) Posts Earnings Results
First National Corp. (OTCMKTS:FXNC) released its quarterly earnings results on Tuesday. The financial services provider reported $0.36 EPS for the quarter, Bloomberg Earnings reports. First National Corp. had a net margin of 18.62% and a return on equity of 12.30%. The firm had revenue of $8.23 million during the quarter.
Shares of First National Corp. (OTCMKTS FXNC) remained flat at $14.80 during midday trading on Wednesday. First National Corp. has a 12-month low of $9.85 and a 12-month high of $15.60. The firm has a market cap of $73.11 million, a price-to-earnings ratio of 11.48 and a beta of -0.13. The company has a 50-day moving average of $14.32 and a 200 day moving average of $14.17.
Separately, ValuEngine upgraded shares of First National Corp. from a “hold” rating to a “buy” rating in a report on Friday, June 2nd.
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First National Corp. Company Profile
First National Corporation is a bank holding company of First Bank (the Bank). The Bank is a commercial bank, which provides loan, deposit, wealth management and other products and services in the Shenandoah Valley and central regions of Virginia. Loan products and services include personal loans, residential mortgages, home equity loans and commercial loans.
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